Old Towne Orange (OTO) Homes with Duplex Subtype

Old Towne Orange (OTO) Homes with Duplex Subtype

Welcome to Old Towne Orange (OTO), a charming enclave nestled in the heart of Orange County, California. Known for its rich history and vibrant community, OTO is a delightful blend of vintage architecture, trendy boutiques, and inviting eateries. Strolling through the tree-lined streets, you’ll be captivated by the well-preserved historic buildings that date back to the late 19th century, giving the area an enchanting ambiance reminiscent of simpler times.

Old Towne Orange is not just about aesthetics; it boasts a strong sense of community, with local events and farmers' markets that bring residents together. The area is also conveniently located, offering easy access to major highways and the bustling attractions of nearby cities while maintaining a serene, small-town feel.

For those seeking a unique living arrangement, OTO offers a variety of homes with a duplex subtype. These properties provide an exceptional opportunity for both homeowners and investors. Duplexes in this historic district often feature charming architectural details, spacious layouts, and private outdoor spaces, making them perfect for families or those looking to generate rental income. Living in a duplex allows you to enjoy the benefits of homeownership while potentially offsetting your mortgage through rental income from the other unit.

Whether you’re drawn to the historic charm, the community spirit, or the investment potential, Old Towne Orange is a delightful place to call home. Explore the possibilities of duplex living in this enchanting region and discover why so many have fallen in love with its unique character and vibrant lifestyle.

Newest Old Towne Orange (OTO) Homes with Duplex Subtype

420 N Batavia, Orange
$1,875,000
PW26212529 MLS ⋅ Active Status
Just listed near the heart of Old Towne Orange, 420 N. Batavia Street is a turnkey Chapman University student housing investment with two spacious, detached homes on one lot. It's a great fit for either a cash-flowing investment or an owner user. The front house was taken down to the studs and rebuilt with a new construction expansion into a 4 bedroom, 3 bath open floor plan layout purpose-built for student living. The rear house is a brand-new 2023 construction 4 bedroom, 4 bath home built from the ground up. Together the property offers 8 bedrooms and 7 baths across 2,445 SF on a 6,401 SF lot. Both homes feature luxury vinyl plank floors, new high-end finishes and appliances, private bed/baths, ensuite laundry, air conditioning, and private patios. Tenants share a large backyard with a lounge area and spa. The property has been 100% pre-leased since 2023 with steady rent growth year over year. It is fully leased at $10,955/mo, and every lease carries a parental guarantee, giving you secure income and reduced credit risk. At $1,875,000, 420 N. Batavia is offered at a 5.02% cap rate, a 14.26 GRM, and $234,375 per bedroom. That is the lowest GRM and lowest price per bedroom of any comparable Chapman-area sale in the past two years. It is about 17% below the median price per bedroom and $165,000+ below every other 8-bedroom sale. Current rents average just $1,369 per bedroom, about 10% below comparable Chapman properties, taking the cap rate to 5.59% at market rents. Students win too: a full 12-month lease at 420 costs less than a 9-month single bedroom at Chapman's own Chapman Grand apartments. Owners can add further value by converting the garage or building a second detached ADU under California's new AB 956, and excellent loan terms are available. With nearly 10,000 students and consistently strong enrollment within walking distance, this professionally managed asset offers year-round demand, low vacancy risk, a unique hedge against California rent control, and long-term appreciation in one of Orange County's most desirable rental submarkets.

420 N Batavia, Orange
1104 W Palm Avenue, Orange
$1,450,000
5 Beds ⋅ 4 Baths ⋅ OC26206011 MLS ⋅ Active Status
Welcome to a beautifully renovated and incredibly versatile home in the heart of Orange. The renovation was completed at the end of 2022 & includes new PEX piping throughout, new HVAC system, new electrical & new vinyl double pane windows. This one-of-a-kind property offers the flexibility today’s buyers are looking for — live in one space and rent the other, accommodate extended family, or enjoy it as a high-income investment. Thoughtfully updated throughout, the home features modern kitchens, upgraded bathrooms, and stylish finishes that make it completely move-in ready. Designed with functionality in mind, the property provides two distinct living areas that offer both comfort and privacy. Primary residence consists of 3bed/3bath & secondary residence consists of a 2bed/1bath with separate entrance. The single-story home features an expanded floor plan with an approximately 724 sqft. constructed in the 1980s. Whether you're looking to offset your mortgage with rental income or create a multi-generational living setup, the possibilities here are endless. Situated on a spacious lot with ample parking, and conveniently located near shopping, dining, and major freeways, this home combines lifestyle and financial opportunity in one rare package. Opportunities like this don’t come often — a turnkey home with built-in income potential in a prime Orange location 1 mile from Chapman University/Providence St. Joseph's Hospital/Angels Stadium. Buyer to independently verify square footage, permits, zoning, and intended use.

1104 W Palm Avenue, Orange
417 N Citrus, Orange
$1,575,000
6 Beds ⋅ 3 Baths ⋅ OC26183442 MLS ⋅ Active Status
Own Two Detached Homes on One Lot in Orange in the heart of Orange featuring two detached residences on one parcel. The property includes a four bedroom, two bathroom main house and a newly constructed two bedroom, one bathroom ADU, offering six total bedrooms and three bathrooms across approximately 2,150 square feet. Tenants responsible for utilities, helping reduce operating expenses and simplify management. The flexible layout offers multiple income streams and may appeal to investors seeking strong rental potential or buyers interested in living in one residence while renting the other. Conveniently located near Chapman University, CHOC, St. Joseph Hospital, Old Towne Orange, shopping, dining, and major freeways. A compelling opportunity to acquire a versatile income producing property in a consistently desirable rental market.

417 N Citrus, Orange
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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